Nestled in the serene Stredwick Drive, a quiet cul-de-sac of Torbay, Auckland, lies a prime freehold property on 1004sqm of land, with a capital value that has seen a remarkable growth of 60.47%. This 1970-built home with wood exterior walls and tiled roofing is a perfect blend of classic charm and modern comfort, featuring 3 bedrooms, a spacious floor area of 120sqm, and a carpark. The property, valued at $1,725,000 as per the latest government valuation, has a HouGarden AVM of $1,577,500, and a recent sale history of $1,415,000. It's a developer's or investor's dream with subdivision potential, and ideal for families with its top decile school zones, including Long Bay College, Long Bay School, and Northcross Intermediate.
With a capital value that surged from $1,075,000 in 2017 to its current value, this property is not just a home but a sound investment. The recent sale and AVM reflect a property that's in demand, and the proposed zoning changes add to its allure. The property's highlights include a newly renovated three-bedroom home with elevated sea views, a swimming pool, and proximity to Long Bay Regional Park, beaches, and amenities.
For those with an eye on quality education, the property falls within the highly sought-after school zones of Long Bay Primary, Northcross Intermediate, and Long Bay College, all decile 10 institutions. This combination of location, potential, and educational excellence makes it a rare find on the North Shore.
Updated on December 12, 2024